Climate-Tech: LowCarbon.Earth Accelerator Invites Startup Ideas

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NEW DELHI: The United Nation Environment Programme (UNEP) in partnership with Massive Earth Foundation (MEF) has launched LowCarbon.Earth (LCE) 2023, a climate tech accelerator focused on startups solving for climate change and pollution. The accelerator is seeking passionate founders who are willing to solve the climate crisis and pollution reduction through their innovative ideas and solutions.

Climate tech accelerator program offers access to resources which are not available to early-stage entrepreneurs, that includes internal expertise, strategic relationship, financial resources and mentorship. It provides the new startups with a provision to connect with previously existing firms who are working in climate change actions. Through this accelerator program climate tech startups can foster innovation and expansion of sustainable business model.

The impacts of climate change are already being felt with a global carbon dioxide emission of 36.8 gigatons (Gt) in 2021, which is an increase of 0.9% from 2020. There is an urgent need to reduce CO2 emissions from energy usage, but this must be done in a way that is sustainable and profitable for businesses. Environmental technology and innovation companies are bringing excellent applications of technologies to understand and develop sustainable future.

The Lowcarbon.Earth program by the UNEP in association with MEF is focusing on creating an ecosystem for early-stage startups to understand the climate tech market and trends, with great investment and growth opportunities. The program aims to identify the needs and requirements of the businesses to create a strong hold in the market.

LowCarbon.earth accelerator is open to climate tech startups from Asia-Pacific region. The key focus of the accelerator is on startup working around Microplastic, Agriculture, Renewable Energy, Textile and cooling (cooling focused on cities and agriculture), however it will be accepting other climate tech startups as well which are focusing on decarbonizing our economy. The program is having special focus on startups which are founded by women, minorities and marginal communities.

The accelerator will operate in hybrid model where first three months sessions will be conducted virtually leading to a final in-person bootcamp that will be done at COP28 at UAE. The selected startups will receive mentorship and guidance from industry experts, access to funding and networking opportunities through our three months virtual accelerator program.

It will include six rigorous sessions which will provide valuable insights and practical guidance to the startups.

At the end of the program, participants will have the opportunity to showcase their solutions and pitch their businesses to investors, potential partners, and industry leaders at a demo day or pitch event which would conclude at the COP28 Summit organized by the UNFCC in Dubai. This can help them to secure additional funding and partnerships and accelerate their growth by leveraging hard-to-access investment opportunities.

How to apply and selection process

Startups which are working in Microplastic, Agriculture, Renewable Energy, Textile and cooling (cooling focused on cities and agriculture) and climate tech can visit website of LowCarbon.earth and apply immediately as applications are being sorted on rolling basis. Further the last date for this program is July 31, 2023, and shortlisted startups will be informed by 6th August 2023 for the first phase of accelerator program. The first phase of accelerator will begin from August 10, 2023, which will include three months of rigorous virtual accelerator sessions.

(For more information and to apply, pls visit  https://lowcarbon.earth/. Startupanz.com is an outreach partner for the accelerator program)